Join host Caleb Kidd Coy in this captivating episode of Living Like a Bank as he interviews Chuck Holman, a seasoned insurance agent and wealth transfer practitioner. In this insightful conversation, Chuck shares his 32-year journey in the insurance industry and how his encounter with a former probate judge sparked his interest in estate planning and avoiding the probate process.
Chuck delves into the importance of understanding the estate planning process, including wills, trusts, and the necessary documents to protect your assets and ensure your final wishes are carried out. He sheds light on the legal and public nature of probate, explaining how it can be a lengthy, expensive, and painful process for families, often resulting in a significant portion of the estate being spent on legal fees.
Drawing from his extensive experience, Chuck discusses real-life examples where he helped clients navigate the complexities of estate planning and avoid probate. From uncovering issues with improperly funded trusts to guiding individuals through comprehensive estate plans, he emphasizes the critical role of having open and honest conversations about finances and final wishes.
Chuck also introduces The ABQ Plan, a non-profit organization he co-founded to assist homeless individuals in finding shelter and support. He shares his passion for making a positive impact on the lives of those in need and provides insights into how The ABQ Plan helps connect individuals with available housing options.
In addition to his expertise in estate planning, Chuck explains the "Ask and You Shall Receive" method, highlighting the importance of asking for what you want and seeking guidance from professionals to achieve financial success and create a lasting legacy. He encourages viewers to embrace humility and a teachable mindset, emphasizing the value of continuous learning and seeking expert advice.
If you're interested in estate planning, avoiding probate, or simply gaining valuable insights into financial matters, this episode of Living Like a Bank with Caleb Kidd Coy and Chuck Holman is a must-watch. Don't miss out on the opportunity to discover practical strategies and expert advice to secure your financial future and protect your loved ones.
Subscribe to the channel and visit the ABQ Plan website (theabqplan.org) for more information on estate planning, wealth transfer, and how you can contribute to helping the homeless community. Together, we can make a difference and build a brighter future.
If you're ready to start your journey to Living Like a Bank, schedule a call at https://rebrand.ly/buildabank